SUPPLEMENT TO THE PROSPECTUS
AND STATEMENT OF ADDITIONAL INFORMATION
OF
EVERGREEN SELECT INTERMEDIATE BOND FUND
(THE "FUND")
Effective February 13, 1998, the prospectus and statement of additional
information of the fund is hereby supplemented as follows:
NAME
The name of the Fund will change to Evergreen Select Total Return Bond
Fund.
INVESTMENT OBJECTIVE
The investment objective of the Fund is revised by replacing the
description of Evergreen Select Intermediate Bond Fund in the section of the
prospectus entiltled "Each Fund's Investment Objective" with the following:
"EVERGREEN SELECT TOTAL BOND FUND will attempt to maximize total return
through a combination of current income and capital appreciation, by investing
primarily in investment grade fixed income securities with complimentary
investments in high yield foreign and fixed income securities."
INVESTMENT POLICIES
Information with respect to the fund appearing in the sections of the
prospectus entitled "Each Fund's Investment Approach" and "Securities and
Investment Practices Used by Each Fund" is revised to reflect that the Fund may
invest up to 35% of its total assets in below investment grade corporate debt
securities and foreign bonds, including non-dollar denominated bonds.
February 13, 1998
